2008
DOI: 10.1080/17421770801996698
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Do Small Town Development Projects Matter, and Can CGE Help?

Abstract: Small regions and towns often experience problems such as high out-migration and unemployment. In these situations there is an urgent need to do something positive. Infrastructure development projects, partially financed by the national government, are a popular suggestion. We ponder the relevance of these actions in this paper in a context of project evaluation. We introduce computable general equilibrium (CGE) modelling as a complement of the other quantitative evaluation techniques. We will use the town of … Show more

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Cited by 15 publications
(8 citation statements)
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“…CGE RegFin models are available both as comparative-static and recursive-dynamic versions (Törmä et al, 2015). Descriptions of the comparative-static model were presented by Törmä (2008), Rutherford and Törmä (2010), and 2011). The comparative-static version of the model was used in this study.…”
Section: Cge Regfin Simulation Modelmentioning
confidence: 99%
“…CGE RegFin models are available both as comparative-static and recursive-dynamic versions (Törmä et al, 2015). Descriptions of the comparative-static model were presented by Törmä (2008), Rutherford and Törmä (2010), and 2011). The comparative-static version of the model was used in this study.…”
Section: Cge Regfin Simulation Modelmentioning
confidence: 99%
“…The structure of the regional CGEs applied in CAPRI‐RD (Britz, ) has been developed based on a regionalised CGE for Finland (Törmä, ; Rutherford and Törmä, ). Each EU Member State is represented by one open comparative‐static economy model that comprises sub‐models at the NUTS‐2 level.…”
Section: The Modelmentioning
confidence: 99%
“…Zalecane są jednak do oceny różnych wariantów polityki, zwłaszcza wtedy, gdy polityka ta wywiera wpływ na dużą część gospodarki [Kiuiła 2000]. Dobre porównanie modeli równowagi ogólnej z modelami równowagi częściowej przedstawia Hertel [1985], a z innymi modelami także [Törmä 2008]. Z kolei T. Żylicz [2004] wyjaśnia, na czym polega przystosowanie modeli równowagi ogólnej typu Walrasa do zastosowania w modelowaniu polityki ochrony środowiska (z uwzględnieniem dóbr publicznych i kosztów społecznych).…”
Section: Wybór Metody Badawczejunclassified